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Archive
- 5/8/2026 -
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Euro Currency Trust (FXE) Technical Analysis
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| Summary:
| | Weekly : | | Daily : 
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| | It was a first positive week for the Euro Currency Trust (FXE). During the week, the FXE climbed 0.60 points, or 0.55%, and closed at 108.71 on Friday, May 8, 2026. Weekly volume was -57% below average.
 Long-term trend: [See FXE long-term trend chart]
A long-term uptrend had started on January 13, 2025 at 94.08 and reached 111.54 on January 27, 2026. FXE gained -17.46 points, or -18.56%, in 54 weeks. The chart has formed a Rising Wedge chart pattern. The uptrend support line (113.04) is broken. A broken support is considered to be a long-term bearish signal. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend support in a long-term trend.
 Medium-term trend: [See FXE medium-term trend chart]
A medium-term downtrend had started on January 27, 2026 at 111.54 and reached 105.37 on March 13, 2026. FXE lost 6.17 points, or 5.53%, in 6 weeks. The price is now at the 54.13% retracement level.
 Weekly Technical Indicators: [See FXE weekly technical indicators chart]
Weekly technical indicators are neutral.
The weekly MACD line is below its signal line since February 20, 2026. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is low and getting smaller. It indicates that the current medium-term downtrend is getting weak. Use the following link to access a MACD help.
Short-term trend: [See FXE short-term trend chart]
A short-term downtrend had started on April 17, 2026 at 109.30 and reached 107.65 on April 29, 2026. FXE lost 1.65 points, or 1.51%, in 12 days. Price is near the Fibonacci 61.8% retracement level. The Fibonacci retracement level is considered a support/resistance level.
Daily Technical Indicators: [See FXE daily technical indicators chart]
Daily technical indicators are neutral.
During the last week, daily MACD line has moved above its signal line. Such crossover is considered a bullish signal.
During the last week, the price has risen above the Parabolic SAR (stop and reversal). A Parabolic SAR below the price is a bullish signal, and it indicates that momentum is likely to remain in the upward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level.
The price touches the upper Bollinger Band. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.
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